The Prime Minister reviews the procedures to maximize transit trade and re-export at the government headquarters in the new city of Al Alamein

Publish Date 17/08/2023 07:46 AM
Last Update 20/08/2023 09:32 AM

Dr. Mostafa Madbouly, Prime Minister, held a meeting at the government headquarters in the new city of Al Alamein to review procedures for maximizing transit trade and re-export, in the presence of:

Lieutenant General Eng. Kamel Al-Wazir, Minister of Transport.

Eng. Ahmed Samir, Minister of Trade and Industry.

Eng. Essam Al-Naggar, chairman of the General Organization for Export and Import Control.

Major General . Reda Ismail, chairman of the Maritime Transport Sector.

Mr. Walid Gamal El-Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, participated in the meeting via video conference technology.

The Prime Minister started the meeting by pointing out that maximizing transit trade is one of the most important priorities that are currently being worked on, within the framework of benefiting from the existing ports and their distinctive locations, explaining that there are directives from His Excellency President Abdel Fattah El-Sisi, President of the Republic, in coordination in order for Egypt to be a center Global Trade and Logistics.

During the meeting, the Minister of Transport referred to the efforts for develop direct and indirect transit within the ministry's plan to transform Egypt into a center for global trade and logistics, which showed that the factors for the success of this trade is to ensure the best level of service and performance for seaports through developing them and increasing their capacity, in terms of the lengths and depths of stations and platforms and the use of the best operating systems for station management, and the establishment of dry ports and logistic areas in the hinterland of ports and distribution centers to form logistic corridors based on sea ports and linking them to railways, whether normal or express.

He also explained that the development of transit trade includes contracting with companies managing international stations and maritime transport lines, providing incentives and concluding long-term strategic partnerships with international shipping lines that control the global trade movement to ensure the connectivity of Egyptian ports to all ports worldwide.

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